Search results

I should have said this was 13 years ago. ;) We're home now! :) I assume this situation must come up all the time, so I wondered how it was usually handled - by the sounds of it, the seller must not have been happy with the agent's $20K trust account receipt. I was actually in surgery during...

Who'd've thunk? ;)

An interesting trap/loophole that I discovered is that in Queensland, the real estate agent isn't obliged to release the deposit at settlement, but has up to 14 days from settlement to hand over the funds to the seller. So let's say the deposit was $20K on a $200K purchase, we had a situation...